Insider Trade: Timothy Mammen Unloaded 5,000 Shares of IPG Photonics (IPGP); Kapstone Paper and Packaging Cor (KS) SI Decreased By 7.96%

Company insider, Timothy Mammen, SVP – Chief Financial Officer of Ipg Photonics Corp sold a total of 5,000 shares of the firm, based on $252.5 per share. He also sold 2,500 shares with a total value of about $653,825 USD in the last month. Presently, Timothy Mammen owns 31,100 shares which are equivalent to precisely 0.06% of the company’s total market cap.

Kapstone Paper and Packaging Cor (NYSE:KS) had a decrease of 7.96% in short interest. KS’s SI was 2.58M shares in February as released by FINRA. Its down 7.96% from 2.81 million shares previously. With 733,100 avg volume, 4 days are for Kapstone Paper and Packaging Cor (NYSE:KS)’s short sellers to cover KS’s short positions. The SI to Kapstone Paper and Packaging Cor’s float is 2.97%. The stock decreased 0.14% or $0.05 during the last trading session, reaching $34.6. About 2.90M shares traded or 101.24% up from the average. KapStone Paper and Packaging Corporation (NYSE:KS) has risen 45.78% since February 3, 2017 and is uptrending. It has outperformed by 29.08% the S&P500.

KapStone Paper and Packaging Corporation produces and sells a range of containerboards, corrugated products, and specialty paper products in the United States and internationally. The company has market cap of $3.36 billion. The firm operates in two divisions, Paper and Packaging, and Distribution. It has a 46.13 P/E ratio. The Paper and Packaging segment offers containerboards consisting of linerboard and corrugated medium to manufacture corrugated containers for packaging products; and corrugated products.

Among 16 analysts covering Kapstone Paper And Packaging Corp. (NYSE:KS), 3 have Buy rating, 2 Sell and 11 Hold. Therefore 19% are positive. Kapstone Paper And Packaging Corp. has $32 highest and $15 lowest target. $24.50’s average target is -29.19% below currents $34.6 stock price. Kapstone Paper And Packaging Corp. had 55 analyst reports since August 4, 2015 according to SRatingsIntel. Citigroup initiated the shares of KS in report on Wednesday, August 16 with “Buy” rating. Citigroup downgraded the shares of KS in report on Tuesday, January 30 to “Neutral” rating. The rating was maintained by RBC Capital Markets on Wednesday, April 19 with “Buy”. The stock has “Market Perform” rating by BMO Capital Markets on Tuesday, January 30. On Thursday, September 10 the stock rating was initiated by Wells Fargo with “Outperform”. On Monday, July 17 the stock rating was maintained by BMO Capital Markets with “Buy”. The company was maintained on Sunday, August 30 by Deutsche Bank. The rating was upgraded by BMO Capital Markets to “Outperform” on Thursday, September 22. The firm has “Hold” rating given on Friday, September 16 by Standpoint Research. The stock has “Buy” rating by BMO Capital Markets on Friday, September 22.

Analysts await IPG Photonics Corporation (NASDAQ:IPGP) to report earnings on February, 13. They expect $1.70 earnings per share, up 22.30% or $0.31 from last year’s $1.39 per share. IPGP’s profit will be $91.15M for 36.29 P/E if the $1.70 EPS becomes a reality. After $2.11 actual earnings per share reported by IPG Photonics Corporation for the previous quarter, Wall Street now forecasts -19.43% negative EPS growth.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.24, from 1.26 in 2017Q2. It dived, as 30 investors sold IPG Photonics Corporation shares while 137 reduced holdings. 73 funds opened positions while 98 raised stakes. 30.67 million shares or 0.23% more from 30.60 million shares in 2017Q2 were reported. Sg Americas Securities Llc has 0.01% invested in IPG Photonics Corporation (NASDAQ:IPGP) for 4,807 shares. 41,875 were accumulated by Mitchell Mgmt. Highbridge Cap Mgmt Limited Liability stated it has 39,000 shares. Alpine Woods Cap Investors Limited Liability Corporation holds 6,000 shares or 0.06% of its portfolio. Needham Investment Management Limited Liability Corporation holds 0.63% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP) for 13,500 shares. Fulton Natl Bank Na holds 1,094 shares or 0.02% of its portfolio. Royal Fincl Bank Of Canada reported 92,547 shares. Pictet Asset Mgmt owns 435,526 shares for 0.23% of their portfolio. National Bank & Trust Of Montreal Can reported 10,924 shares. Bancshares Of Mellon holds 0.03% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP) for 569,115 shares. Texas Permanent School Fund owns 27,507 shares. Kidder Stephen W reported 12,164 shares. The New York-based Genesee Valley Communication has invested 0.24% in IPG Photonics Corporation (NASDAQ:IPGP). Optimum Advsr has 7,250 shares. Chicago Equity Ltd Co invested 0.07% in IPG Photonics Corporation (NASDAQ:IPGP).

Since August 3, 2017, it had 0 insider buys, and 9 sales for $15.59 million activity. Lopresti Angelo P also sold $1.92 million worth of IPG Photonics Corporation (NASDAQ:IPGP) on Tuesday, August 8. $1.94M worth of stock was sold by Mammen Timothy PV on Thursday, August 17. On Monday, October 16 Shcherbakov Eugene A sold $1.89M worth of IPG Photonics Corporation (NASDAQ:IPGP) or 9,500 shares. HURLEY WILLIAM S sold 8,167 shares worth $1.35 million. Shares for $1.29M were sold by GAUTHIER HENRY E. Another trade for 12,000 shares valued at $1.92 million was sold by Ovtchinnikov Alexander.

The stock decreased 2.11% or $5.33 during the last trading session, reaching $246.75. About 326,303 shares traded. IPG Photonics Corporation (NASDAQ:IPGP) has risen 67.64% since February 3, 2017 and is uptrending. It has outperformed by 50.94% the S&P500.

Among 13 analysts covering IPG Photonics (NASDAQ:IPGP), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. IPG Photonics has $290.0 highest and $80 lowest target. $184.78’s average target is -25.11% below currents $246.75 stock price. IPG Photonics had 33 analyst reports since September 15, 2015 according to SRatingsIntel. Benchmark maintained the stock with “Buy” rating in Wednesday, August 2 report. The rating was maintained by Canaccord Genuity on Tuesday, August 1 with “Hold”. The company was upgraded on Wednesday, June 29 by Canaccord Genuity. The firm earned “Buy” rating on Tuesday, June 6 by Longbow. Benchmark maintained the shares of IPGP in report on Wednesday, October 28 with “Buy” rating. The stock of IPG Photonics Corporation (NASDAQ:IPGP) earned “Buy” rating by Needham on Tuesday, October 13. Stifel Nicolaus maintained the shares of IPGP in report on Thursday, August 31 with “Hold” rating. The stock has “Outperform” rating by Credit Agricole on Friday, April 29. The stock of IPG Photonics Corporation (NASDAQ:IPGP) has “Hold” rating given on Wednesday, August 9 by Canaccord Genuity. The stock of IPG Photonics Corporation (NASDAQ:IPGP) has “Buy” rating given on Tuesday, January 31 by Needham.